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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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Economy

Additional $500 million in subsidized loans for 2017. Expatriates to benefit from subsidized loans

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The Central Bank (BDL) has decided to inject an additional $500 million to the stimulus package for 2017 which aims to finance productive projects and home purchases at subsidized rates, according to BDL’s intermediate circular 475.

This brin….
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Audi writes off $191 million in Syria, Sudan investments. Positive growth in all Q3 indicators

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Bank Audi announced that it has written off its investments in Syria and Sudan for an amount of $191 million. In its third quarter results report, the bank declared a 15.2 percent growth in profits over the same period of last year, to $350 million…..
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Central Bank extends subsidized loan program. Beneficiaries include small businesses and home buyers

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The Central Bank (BDL) has extended to the end of 2016 the 60 percent exemption of reserve requirements for certain loans denominated in lira. The exempted funds may be used by banks to extend soft loans for housing or business financing.

The….
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Lebanon tops Arab world in financial secrecy. It mixes secrecy with big tax exemptions

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The Tax Justice Network (TJN) said it has ranked Lebanon first in the Arab world and seventh globally in the 2015 Financial Secrecy Index (FSI).

“Lebanon has sailed against the prevailing winds on global financial transparency and continues t….
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Lebanon tops Arab world in financial secrecy. It mixes secrecy with big tax exemptions

Lebanon-tops-Arab-world-in-.jpg

The Tax Justice Network (TJN) said it has ranked Lebanon first in the Arab world and seventh globally in the 2015 Financial Secrecy Index (FSI).

“Lebanon has sailed against the prevailing winds on global financial transparency and continues t….
Article details

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